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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (33670)	11/14/1998 3:49:00 PM
From: set	Respond to of 94695

bobby I think Don has the right idea. market up but no fireworks. Dell can't run from here: bigcharts.com neither can MSFT bigcharts.com both need to do some work if this is going to resolve upwards. ditto for BKX and RUT. they haven't really fallen apart but there's work to be done before they can really go anywhere. the RUT was actually kind of ugly yesterday but in light of where it's been lately it's not doing so badly. My bet is that if next week sets up nicely then the following week after expiration there could be a resumption. INTC looks just fantastic. bigcharts.com it held through all that and there's just no reason to think it's going to go bad now. Next week just looks messy with an expiration and another fed meeting. I believe we can expect a lot of false moves in both directions until it's all sorted out. But that just means we have a functioning market again with the full complement of shorts and longs. Here's the kicker: bigcharts.com I don't even want to think about being a bear while low margin component suppliers are looking this good. Shahar